Fringe Benefits: What Are They and How Are They Helpful
HR Digest
MAY 29, 2023
Unemployment insurance The Federal Unemployment Tax Act (FUTA) requires employers to pay a federal and state unemployment tax to the Department of Labor, this provides wages, training, and career guidance to employees in event of job loss due to no fault of their own. Most of these fringe benefits are taxable, barring few exceptions.
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